Do you Want to calculate residuals in regression analysis? Enter the observed and predicted values, and our Residual Calculator Tool will show you the residuals.
Residual Calculator
Residual Calculator
Component | Description |
---|---|
Observed Value (y) | The actual value observed in the data set. |
Predicted Value (ŷ) | The value predicted by the regression model. |
Residual | The difference between the observed value and the predicted value. |
Formula | Residual = y – ŷ |
Purpose | Used to calculate the residuals in regression analysis, aiding in evaluating the accuracy of a regression model. |